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Northeast Bank recently reported its fourth-quarter 2026 results, with net interest income of US$60.32 million, net income of US$34.34 million, and a cash dividend of US$0.01 per share declared for payment on August 24, 2026, to shareholders of record on August 10, 2026. An interesting aspect of the quarter is that higher net charge-offs of US$1.80 million came alongside higher earnings per share, indicating that profitability expanded even as credit costs increased slightly. With this...
Northeast Bank (NBN) reports a 29% increase in annual net income, strong returns, and significant loan volume despite challenges in the small business sector.
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PORTLAND, Maine, July 27, 2026 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based bank, today reported net income of $34.3 million, or $4.05 per diluted common share, for the quarter ended June 30, 2026, compared to net income of $25.2 million, or $3.00 per diluted common share, for the quarter ended June 30, 2025. Net income for the year ended June 30, 2026 was $107.5 million, or $12.74 per diluted common share, compared to $83.4 million, or $10.08 per diluted common s
Aktuelle Schlagzeilen Dritter zu diesem Unternehmen, getrennt von Makklers eigener Redaktion und mit Verlinkung zum Herausgeber. Für die Richtigkeit ist der jeweilige Herausgeber verantwortlich.